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This proposal will ensure more proportionate and effective rules to reduce compliance costs and regulatory burdens for Central Securities Depositories, as well as facilitating their ability to offer a broader range of services cross-border, and improving their cross-border supervision.

Capital Markets Union: Commission proposes simpler rules to make settlement in EU financial markets safer and more efficient

By: EBR | Thursday, March 17, 2022

The European Commission has proposed changes to the Central Securities Depositories Regulation to enhance the efficiency of the EU’s settlement markets, while safeguarding financial stability. Today’s proposal is a key component of the 2020 Capital Markets Union Action Plan

The Legal Affairs Committee adopted its position on the Corporate Sustainability Reporting Directive (CSRD)

Companies to be more accountable for their social and environmental impact

By: EBR | Wednesday, March 16, 2022

Large companies will soon need to publicly disclose detailed information on the way they operate and manage social and environmental risks

The ECB move brings even EU residents under heightened scrutiny and would make it harder for them to operate bank accounts, with one of the sources saying some were already facing restrictions in Spain.

ECB puts Russians in EU, even residents, under scanner

By: EBR | Wednesday, March 16, 2022

European Union regulators have told some banks to scrutinise transactions by all Russian and Belarusian clients, including EU residents, to ensure that they are not used to circumvent Western sanctions against Moscow

Russia’s invasion of Ukraine prompted leaders from the EU’s 27 member countries to agree last week to phase out their reliance on Russian fossil fuels, including by ramping up liquefied natural gas (LNG) imports and speeding up deployment of renewable energy.

EU summit draft backs urgent refilling of gas stores for next winter

By: EBR | Wednesday, March 16, 2022

European Union countries should immediately start refilling their gas stores to prepare for next winter and provide a buffer against supply shocks

Polish civil society has stepped in to quickly fill the gap the governing Law and Justice has been slow to do. Poles of all ages and professions are providing help and safety to the 1.7 million Ukrainians seeking shelter in Poland.

The War in Ukraine Could Change Poland

By: EBR | Wednesday, March 16, 2022

To fully restore its image in the EU, Warsaw must show it respects the values Ukraine is fighting for

Key provisions agreed by MEPs for those issuing and trading crypto-assets (including  asset-referenced tokens and e-money tokens) cover transparency, disclosure, authorisation and supervision of transactions.

Cryptocurrencies in the EU: new rules to boost benefits and curb threats

By: EBR | Tuesday, March 15, 2022

MEPs agreed on draft rules on supervision, consumer protection and environmental sustainability of crypto-assets, including cryptocurrencies such as bitcoins

Negotiators agreed that the IPI measures will apply to tenders worth at least €15 million for works and concessions, for example road or bridge construction, and €5 million for goods and services, such as the purchasing of computers.

International public procurement instrument: New tool to support EU firms

By: EBR | Tuesday, March 15, 2022

The EU will have more leverage to push for the opening up of global procurement markets following an informal deal on the shape of the new tool on Monday evening

"With Putin’s war in Ukraine, it is crystal clear that Europe must become more independent from fossil energy – more than ever before," said Markus Pieper, a German MEP who is the Parliament’s lead lawmaker on the renewable energy directive.

Widespread support in EU Parliament for 45% renewable energy target

By: EBR | Tuesday, March 15, 2022

In reaction to the Russian invasion of Ukraine, there is growing support across the European Parliament to increase the EU’s 2030 renewable energy target and break away from Russian fossil fuels, lawmakers from across the political spectrum told EURACTIV

Further issues surrounding radioactive waste treatment and storage solutions undermine both the social acceptance of nuclear technology and its reputability in the eyes of stakeholders.

EU’s beleaguered nuclear industry eyes a comeback

By: EBR | Monday, March 14, 2022

With ambitious decarbonisation targets and an ongoing energy price crisis, the EU is reconsidering the role of nuclear in its energy mix. But any nuclear renaissance will depend on state support and an evolving political landscape

“Your work shouldn’t give you cancer,” said Marianne Vind, Danish MEP from the S&D group.

MEPs call for more protection for workers

By: EBR | Friday, March 11, 2022

Parliament gave a green light for a new EU strategic framework on health and safety at work, that includes better protection of workers from exposure to harmful substances, stress at work and repetitive motion injuries

The 38-member “Committee of inquiry to investigate the use of the Pegasus and equivalent surveillance spyware” will investigate alleged breaches of EU law in the use of the surveillance software by, among others, Hungary and Poland

Three new committees on Pegasus spyware, foreign interference and COVID-19

By: EBR | Friday, March 11, 2022

Parliament has set up three new committees to look into the use of spyware by EU governments, malicious foreign interference, and lessons from the pandemic

Russia also increasingly resorted to these kinds of cyberattacks in the run-up to its invasion of Ukraine.

Ukrainian cyber-activism could backfire, expert warns

By: EBR | Friday, March 11, 2022

Russia’s invasion of Ukraine has brought an unprecedented level of cyberactivism, though attacks seem to contribute little to strategic objectives and could even have negative effects

Europe’s energy independence from Russia, including in its financial aspects, will be a key topic of discussion at a two-day summit in Versailles hosted by the French EU presidency.

EU leaders seek escape route from Russian fossil fuels, weigh energy investment plan

By: EBR | Thursday, March 10, 2022

European Union leaders will tackle ways to wean themselves off Russian fossil fuels on Thursday (10 March) and debate how quickly to ditch their key supplier, with countries split over whether to sanction oil and gas imports as Moscow wages war in Ukraine

The European Health Data Space is the first of the Common European data spaces, which will cover sectors such as finance, energy and mobility.

LEAK: The EU Commission’s data space for unleashing health data

By: EBR | Thursday, March 10, 2022

The European Commission is set to propose a new governance framework for health data with cross-border interoperability requirements and a pan-European infrastructure in the first sectorial legislation of this kind

The EU will develop a binding framework to monitor and report on member states’ progress towards phasing out fossil fuel subsidies.

Parliament adopts EU environmental objectives until 2030

By: EBR | Thursday, March 10, 2022

MEPs endorsed on Thursday the EU environment programme until 2030, which aims to accelerate the EU’s transition to a climate-neutral, clean, circular and wellbeing economy

"Fast-tracking Ukraine’s membership into the EU seems more of a symbolic option since candidate status is no guarantee of accession. Despite acknowledging such a move’s political weight and dramatic circumstances, there is also hesitation from many member states".

The West has limited options

By: EBR | Thursday, March 10, 2022

There is a lot the West can do to make Russia’s President Vladimir Putin ‘pay a price’ for his Ukrainian war. But these options are limited by the extent of the cost the West is ultimately willing to bear

Member States’ reforms are supported by the TSI, with a total budget of €116.8 million for the year 2022.

Commission supports 225 reform projects in Member States to improve their resilience, create jobs and growth

By: EBR | Wednesday, March 9, 2022

Today, the Commission approved 225 projects under the Technical Support Instrument (TSI), to support Member States

EU members, in particular Germany, have been following increasingly restrictive energy policies with an enormous dependence upon Russian supplies and now need to find immediate relief in this hour of crisis.

The EU must pull out all stops to save energy

By: EBR | Wednesday, March 9, 2022

The EU must initiate a comprehensive energy-saving programme as the most effective short-term instrument to provide relief from the energy crisis

"The EU looking into speeding up its move towards energy independence comes at a time when Brussels is revising its directive and regulation on gas".

10 measures the EU should adopt to reduce Russian gas dependency

By: EBR | Friday, March 4, 2022

The International Energy Agency has presented the EU with 10 measures to reduce its dependence on Russian natural gas within a year, without it having to abandon its environmental objectives set out in the Green Deal

Cancer is the first cause of work-related deaths in the EU, responsible for 52% of annual occupational deaths, “and that is far too much,” said French MEP from ID group and member of legal affairs committee, Gilles Lebreton.

EU steps up workers’ protection against carcinogenic substances

By: EBR | Friday, March 4, 2022

On Thursday (3 March) the Council gave the final green light to an update on the EU rules on reducing workers’ exposure to carcinogens, mutagens, or reprotoxic substances, addressing the first cause of work-related deaths in Europe

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